Hot Takes Inside

George Soros Gives $18bn to His Charitable Foundation

George Soros is one of the richest liberal billionaires and philanthropists the world has ever seen. George Soros is also the CEO and Founder of the Soros Quantum Fund based in New York. While he has managed all the operations of this fund, George Soros has made a fortune through betting against the risky currency trades in the world. His capability to locate a market niche in this category makes him a target for better business revisions. Perhaps this is the reason why he is assimilating better innovation structures. George Soros has worked in the company for more than four decades to become the richest hedge funder in the world.George Soros is also the CEO and Founder of the Open Society Foundations based in the United States. When he realized that his money was enough in a lifetime, he decided to found the Open Society Foundations to help him achieve the best for the marginalized groups in the world. His main aim with the Open Society Foundations is to assist other people to achieve their desired growth through becoming a voice for the voiceless.

Since the Open Society Foundations was opened, George Soros has issued more than half of his net worth to the poor. His charitable work began in South Africa when he funded the poor children for their education in 1978.George Soros’s success in the hedge fund industry allowed him to pursue his ambitions in the recent past. For this reason, the Open Society Foundations has a presence in more than 200 countries in the world. Since George Soros began his work with the Open Society Foundations, the group has gained favor among many parts of the world. Because George Soros is committed to bringing change to the world, his achievements have not also limited him to the United States. For those who are near George Soros, they say that he is more involved in the United States politics more than ever before. His involvement in the world of politics has led him to align himself with the Democrats.

In the past general elections, George Soros was the leading funder of the Democrats campaigns to help Hillary Clinton become the next president of the United States after Barrack Obama. During the election mod George Soros stated that he believes that the Democrats stand in for a chance to correct the wrongs made by the previous governments under the Republican rule. George Soros also calls in for justice in a way that depicts his allegiance to the truth. George Soros also fights for a government that respects the rights of the people no matter their origin. This is because many non-Americans pursue greater business needs in a manner that sidelines their rule.George Soros has issued more than $18 billion towards charitable activities in and out of the United States through the Open Society Foundations. This action ranks the Open Society Foundations the third-largest charitable organization in the world. This brings his lifetime giving to $32 billion.